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Rodriguez Corporation issues 12,000 shares of its common stock for $140,200 cash on February 20. Prepare journal entries to record this event under each of
Rodriguez Corporation issues 12,000 shares of its common stock for $140,200 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2. The stock has neither par nor stated value. 3. The stock has a $4 stated value. View transaction ist Journal entry worksheet Record the issue of 12,000 shares of $8 par value common stock for $140,200 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Prepare the journal entry to record Autumn Company's issuance of 67,000 shares of no par value common stock assuming the shares a. Sell for $30 cash per share. b. Are exchanged for land valued at $2,010,000. View transaction list Journal entry worksheet Record the issuance of 67,000 shares of no par value common stock assuming the shares sell for $30 cash per share. Note: Enter debits before credits Credit Debit Transaction General Journal
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